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GENIUS! Deutsche Says New Stablecoin Legislation Cements USD Supremacy

Tyler Durden's Photo
by Tyler Durden
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As the stabecloin-regulating GENIUS Act progresses rapidly though the sausage-making machine in Washington, it is no surprise that banks are rapidly realizing the disintermediation that they have shrugged off for years - and hoped/lobbied would be deregulated away by their bought-and-paid-for-politicians - is now not just a reality but very much on the cusp of global adoption

1. Stablecoin legislation cements USD supremacy